HIGH ROI**SECTION 8**UPDATED TOP TO BOTTOM- Gorgeous 3 BR Brick Bungalow is located on a beautifully kept street in the Mapleridge neighborhood. Home features include gorgeous hardwood flooring throughout, natural fireplace, large family room, dedicated dining room, kitchen with new cabinets and granite. Full basement with newer mechanicals. Outside, find a 3 dimensional shingled roof, vinyl windows and a large fenced yard. This area of Northeast Detroit is very popular with both renters and homeowners. Walking distance from Detroit's historic Denby High School. The property is fully rehabbed and is currently tenanted by a Section 8 Tenant for $837/month, well below market value and can be increased at renewal. Professionally managed. If you're looking for a solid, performing investment in a high occupancy area - this is a great buy. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Property Type :
Residential
Subdivision :
Obenauer Barber & Laings Dunord Park No 2 (plats)
County :
Wayne
Style :
Residential
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ByOwner last updated this listing 05/11/2024 @ 23:53
MLS: 600662525
LISTED BY: Wael Nehme , U.S. Investor Group
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
